Here are the industries and stocks we are watching this week.
On Monday, Pfizer shared news of it’s Covid 19 vaccine that gave investors endorphins. The company announced that its vaccine is 90% effective and the stock jumped more than 15% on the news. We have heard a lot of news from pharma companies this year. Some have caused big bumps in their stock prices that eventually fizzled out. Could this just be the beginning for Pfizer? We are watching to find out. Click here to read more
Looks like Zoom and other work from home stocks do not like the sound of a coronavirus vaccine. Zoom fell as much as 20% after Pfizer’s annoucement. Investors believe that this remarkable progress from Pfizer shows it’s only a matter of time before the coast is clear and companies resume office commutes. We are watching to see if Zoom continues to fall this week or if investors will have a change of heart. Click here to read more
A happy ending for Disney? It has been a rough year for Disney. The entertainment company laid-off thousands of workers and had to cancel or suspend a lot of projects since the pandemic started so Pfizer’s vaccine success is good news at last. The news drove Disney stocks by more than 15% on Monday because the success of the vaccine will most likely see a return to Disney’s theme parks, and a return to cinemas. Click here to read more
Etsy is one of the pandemic biggest winners. The crafts company made $346 million in the 2nd quarter from masks sales alone. After Pfizer’s coronavirus vaccine announcement Etsy shares were down -13.54% on Monday. With a successful vaccine, investors are optimistic that people may soon return to their normal lives and will no longer need to wear masks or shop online as much as before. We are eager to see how the online merchant will fare in the coming days. Click here to read more
Mcdonald’s will not only be serving a new crispy chicken sandwich but a new loyalty program as well. The Fastfood company will also debut a line of plant-based menu items next year. We are eager to see how these new offerings will increase revenue and give investors delicious profits. Click here to read more
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